Otelco, Inc.
 (OTEL)

- NASDAQ
What's your position on ?
Bullish
Bearish
Why are you ish?
Skip
Post
You voted ish on Vote again
Posts appear on the My Feed page of subscribers to this ticker
Last vote:
  • Mon, Jan. 25, 5:04 PM
    • Thinly traded telecom Otelco (OTEL +6.8%) has executed new credit facilities that come to a total of $105M in order to refinance its bank facility maturing this spring.
    • Cerberus Business Finance is providing a new five-year term loan for $85M as well as a $5M revolving credit facility. The term loan will come at interest of either 5.5% or at Libor plus an applicable margin equal to 7.75% (with a Libor floor of 1%).
    • Also, NewSpring Mezzanine Capital will provide a five-and-a-half year subordinated term loan for $15M, at cash interest of 12% and in-kind interest at 2%.
    • The company has reduced current borrowings by $62M in a little less than three years to stand at about $100M, says CEO Rob Souza. Its market cap is about $18M.
    | Mon, Jan. 25, 5:04 PM
  • Aug. 8, 2013, 1:53 PM
    • Otelco (OTEL +10.5%) reports Q2 revenues of $19.67M (-20.4% Y/Y). The report is Otelco's first since emerging from a pre-packaged bankruptcy in May.
    • One reason investors are pleased is strong turnaround execution. The company generated NOPBT of $2.91M (excluding reorganization gains of $111.68M), compared to $1.1M in Q2 2012 after adjusting for impairment charges.
    • Adjusted EBITDA was $8.45M ($10.81M prior).
    | Aug. 8, 2013, 1:53 PM
  • May 24, 2013, 4:04 PM

    Otelco (OTT +25%) finished higher today after the company said it has emerged from its "prepackaged" Chapter 11 bankruptcy and completed its balance sheet restructuring process, including an extension of its senior credit facility. The restructuring reduces its total debt burden by more than 50% and extends its senior credit facility through April 2016.

    | May 24, 2013, 4:04 PM
  • May 24, 2013, 12:45 PM
    Midday top 10 gainers: OTT +41%. ZIOP +25%. ESMC +18%. DRAM +17%. FCEL +17%. VNDA +17%. TNP +16%. BLDP +14%. BLOX +13%. VRTA +12%.
    Midday top 10 Losers: DF -51%. RNIN -29%. ETAK -17%. SHLD -14%. HIHO -14%. HGSH -12%. PLM -11%. ANF -10%. TITN -10%. ARO -10%.
    | May 24, 2013, 12:45 PM | 4 Comments
  • Mar. 25, 2013, 9:10 AM
    Premarket gainers: ZAZA +21%. ARWR +14%. APOL +9%. TSRX +5%Losers: IDIX -10%. OTT -10%. UTHR -7%. PGTI -6%
    | Mar. 25, 2013, 9:10 AM
  • Mar. 4, 2013, 12:55 PM
    Midday top 10 gainers: HMG +96%. FOE +33%. HGSH +20%. NQ +18%. MTG +17%. TELOZ +17%. PRAN +15%. OTT +15%. OUTD +15%. YOD +13%.
    Midday top 10 losers: DRWI -22%. SCSS -16%. AT -16%. GMXR -15%. TUES -13%. HL -13%. CTC -13%. AUMN -12%. RNIN -12%. RBPAA -12%.
    | Mar. 4, 2013, 12:55 PM
  • Feb. 1, 2013, 12:45 PM
    Midday top 10 gainers: OTT +31%. ALIM +25%. BBW +22%. ADNC +21%. PSDV +16%. EDAP +16%. ABAX +15%. CRR +14%. CIS +11%. PMCS +12%.
    Midday top 10 Losers: ECTE -31%. EBOD -28%. BCOV -23%. CKH -22%. LTM -20%. KERX -17%. CLSN -14%. SDR -14%. CBMX -11%. PXLW -11%.
    | Feb. 1, 2013, 12:45 PM
  • Feb. 1, 2013, 9:10 AM
    Premarket gainers: ADNC +30%. TSYS +15%. RAD +9%. CTRP +8%. EDAP +7%. ALU +6%. DELL +6%. VVUS +5%. PRGO +5%.
    Losers: ECTE -35%. OTT -23%. LTM -16%. SDR -11%. OCZ -8%. CLSN -7%. ALKS -7%. NMM -6%. TLAB -5%
    | Feb. 1, 2013, 9:10 AM
  • Jan. 2, 2013, 12:45 PM
    Midday top 10 gainers: ZIP +48%. BIOF +28%. STXS +25%. GIGA +21%. FORD +19%. IQNT +20%. EGLE +18%. OTT +18%. GEVO +17%. APAGF +17%.
    Midday top 10 Losers: ABT -51%. SKUL -14%. DOLE -13%. TRIT -12%. ATAI -12%. HMNY -9%. CHRM -9%. NTLS -9%. VSCI -8%. MR -8%.
    | Jan. 2, 2013, 12:45 PM | 2 Comments
  • Oct. 11, 2012, 12:45 PM
    Midday top 10 gainers: CLWR +37%. USAT +27%. PURE +22%. ANR +15%. ACI +14%. S +13%. DRWI +13%. PATK +12%. OSK +12%. JKS +12%.
    Top 10 Losers: PRSS -16%. KITD -12%. CMN -11%. OTT -10%. WSO -10%. DLTR -9%. CLNT -8%. SWC -8%. BSDM -8%. ONE -8%.
    | Oct. 11, 2012, 12:45 PM
  • Oct. 10, 2012, 12:45 PM
    Midday top 10 gainers: CLNT +28%. TRLG +23%. AUQ +17%. KGN +15%. PBM +14%. OTT +12%. BLIN +19%. KID +12%. VVTV +12%. ECTE +9%.
    Top 10 Losers: OCZ -40%. ACW -32%. FOE -24%. GLUU -14%. BSET -11%. HELE -10%. BSDM -10%. UPI -10%. AMRN -10%. TZYM -9%.
    | Oct. 10, 2012, 12:45 PM
  • Oct. 9, 2012, 12:45 PM
    Midday top 10 gainers: BSDM +73%. ALDA.PK +28%. APPY +22%. RITT +19%. OTT +17%. TRT +17%. HOLL +15%. PRPH +13%. PBM +13%. BIOF +12%.
    Top 10 Losers: VDSI -23%. MGT -22%. EW -19%. THM -19%. GLUU -18%. PVA -16%. PAMT -15%. ANGO -13%. VRNG -11%. UNIS -10%.
    | Oct. 9, 2012, 12:45 PM | 1 Comment
  • Apr. 24, 2012, 3:44 PM

    Shares of Otelco (OTT -17.4%) have been cut in half since news late Friday that major client Time Warner Cable (TWC) indicated it would not renew its contract to acquire wholesale network connections from the company. The contract represented 11.7% of OTT's 2011 revenue. OTT suspends dividends on the common stock portion of its income deposit securities.

    | Apr. 24, 2012, 3:44 PM
Company Description
Otelco Inc is a telecommunications service provider, offering an array of communication services including telephone, long distance, Internet, broadband services and television.